Page 51 - Reserve Bank Of India

Business correspondents to undergo digital audit, new training models

New audit envisages banks using digital technologies like video-based interviews, geo-tagging technology, and transaction-based controls, committee to be headed by top SBI official

NBFCs urge RBI to raise ECB limit, ease loan recovery and eKYC rules

NBFCs urge RBI to raise the ECB limit, ease SARFAESI norms for small loans, expedite eKYC approvals, and relax asset classification rules for alternative vehicle financing

RBI flags FEMA breach in overseas guarantees, seeks corporate compliance

RBI directs state-owned banks to ensure corporates admit and pay penalties for violating FEMA rules by securing performance guarantees from overseas financial institutions

Bond market participants expect more OMO purchases to aid liquidity

Banks bid 4.5x in Thursday's auction

RBI-NBFC meet: Shadow banks seek new funding as bank credit tightens

RBI governor nudges NBFCs towards Unified Lending Interface

RBI to conduct 49-day variable rate repo for Rs 75k cr to boost liquidity

The Reserve Bank of India will conduct a 49-day variable rate repo for Rs 75,000 crore ($8.63 billion) on Friday, it said after market hours

Reserve Bank of India pulls back rupee from the brink of 88 against dollar

The rupee depreciated to a new low of 87.95 prompting the central bank to intervene, dealers said

HDFC Bank raises MCLR on overnight tenure by 5 basis points to 9.20%

With this revision, the bank's MCLR now ranges from 9.20 to 9.45 per cent

Best of BS Opinion: Looking beyond boundaries in search of the better

In today's newsletter, we take a look at our opinion pieces through the idea of boundaries and limits, and how they may be applicable to understanding different issues

Monetary policy: A rate cut, and much more once the rupee stabilises

The RBI reduced its policy repo rate by 25 basis points (bps) to 6.5 per cent in the first rate cut since May 2020, when there had been a 40-bp reduction to 4 per cent amid Covid

RBI opens NDS-OM platform for stock brokers to boost retail participation

Currently, membership open to entities such as banks, primary dealers, insurers, MFs

Monetary policy: Banks get breather on draft LCR norms for at least a year

"Trade-offs between stability and efficiency will be kept in mind"

RBI MPC meeting 2025: Fiscal monetary harmony for economic growth

On the growth front, the need for monetary support remains high

RBI to review mkt trading, settlement timings to enhance scope, liquidity

The RBI announced the formation of the working group, to be headed by R S Ratho

RBI to introduce forward contracts in govt securities: Governor Malhotra

Bond market participants said that in bond forwards, there will be actual delivery of bonds

RBI's internal committee reviewing economic capital framework: Governor

The panel had also suggested that the RBI's ECF be reviewed every five years

Monetary policy: Time to support growth as inflation coming down, says RBI

It has been the endeavour of Reserve Bank to provide as much liquidity as is required

RBI to postpone digital deposit buffer mandate for banks by 1 year

Originally proposed in July 2024, the RBI's guidelines required banks to set aside an additional 5 per cent 'run-off factor' on digitally accessible retail deposits

RBI's growth, inflation projection offers comfort to markets and investors

State of government finances, concessions offered to tax-payers, and the commitment to progress on the fiscal glide path is eminently complemented by the monetary measures makes this policy different

Stocks, Bonds: Where to invest after RBI's first repo rate cut in 5 yrs?

RBI Monetary Policy: RBI MPC announced a repo rate cut to 6.25 per cent from 6.5 per cent amid slow economic growth and sticky inflation. Here is how investors should invest after RBI policy